US Dollar news

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As long as central banks stash dollars away in their vaults—at present more than 60% of foreign-exchange reserves are in dollars—and global trade relies on the exchange of greenbacks, it will be difficult for Europe, China and others to dislodge the ...

According to Rand, the dollar sign (written with two downward slashes instead of one) came from the initials of the United States: A capital U superimposed over a capital S, minus the lower part of the U. No documentary evidence exists to support this ...

Under President Clinton, Treasury Secretary Rubin told everyone who asked that "the U.S. supports a strong dollar." And he put the country's money where his mouth was, pushing a strong-dollar policy that included working with central banks to keep the ...

Bank of Nova Scotia's senior currency strategist takes a look today at how the U.S. dollar and Federal Reserve policy could be affected by the outcome of today's election, moves that could be key given the concern over the strength of Canada's currency.

Polls show that most Americans oppose the idea. Indeed, an official at the U.S. Mint testified at the hearing that most of the 2.4 billion $1 coins made in the past five years sit in Federal Reserve vaults.